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Sanctions
US Working on Plan to Target Russian ‘Shadow Fleet’ Vessels
By Editors | 08/07/2024
The US is reportedly looking to impose specific penalties on Russian shadow fleet tankers but the effort has stalled.

Sanctions
Iran’s New President Seeks Lifting of Sanctions
By Editors | 08/07/2024
New President Masoud Pezeshkian has indicated Iran would seek greater engagement with the US and a revival of the JCPOA.

Crypto / Digital Assets
Schroders Launches Pilot Project to Tokenisation ILS Assets
By Editors | 06/07/2024
The project aims to enhance transparency, streamline investment processes and improve client experience in the reinsurance sector.

AML / KYC
GLEIF Forms New Advisory Board to Promote vLEI Adoption
By Editors | 05/07/2024
The vLEI Technical Advisory Board will provide technical, governance, and developmental support to the vLEI stakeholder ecosystem as it grows.

ESG / Sustainability
NGFS Publishes New Reports on Nature-related Risks
By Editors | 05/07/2024
The first report offers a conceptual framework for nature-related financial risks. The second focuses on nature-related litigation.

Securities / Derivatives
ESMA Publishes Trade Transparency Standards for MiCA
By Editors | 05/07/2024
ESMA report includes standards for how crypto trading platforms should publish data required for pre-and post-trade transparency.

AML / KYC
Mexico’s Elisa de Anda Madrazo Assumes FATF Presidency
By Manesh Samtani | 04/07/2024
Elisa De Anda Madrazo will serve as FATF President from July 2024 to June 2026, taking over from T. Raja Kumar of Singapore.

AML / KYC
FATF Plans to Update Guidance for Money Laundering NRAs
By Editors | 04/07/2024
The FATF aims to make NRA guidance “more effective, comprehensive and useful for all stakeholders involved”.

Capital / Liquidity
BCBS Finalises Disclosure Framework for Bank Crypto Exposures
By Manesh Samtani | 04/07/2024
The BCBS also approved revisions to the cryptoasset standard and IRRBB standard, and agreed to consult on principles for managing third-party risk.

Sanctions
Russia Urges Crypto Use for Cross-border Payments
By Editors | 04/07/2024
CBR governor Elvira Nabiullina said Russia has softened its stance on the use of cryptocurrencies in international payments.
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